The krone is the currency of Denmark, including the autonomous provinces of Greenland and the Faroe Islands. The plural form is 'kroner'. It is loosely pegged to the Euro at a rate of 1 EUR = 7.46038 DKK but is allowed to fluctuate slightly. The government is no longer committed to converting Denmark's currency to the euro eventually.

The Icelandic krona (meaning 'crown') separated from the Danish krone after the dissolution of the Scandinavian Monetary Union at the start of World War I and Icelandic autonomy from Denmark in 1918. The first coins were issued in 1922.